Crude oil prices remained stable as US-Iran tensions persist, with Citi predicting Brent could surge to $120 per barrel due to disrupted Middle East oil supplies.
Brent crude could reach $120 per barrel
May 20, 2026
03:32 pm
What's the storyCrude oil prices on the Multi Commodity Exchange (MCX) rose nearly 0.7% to ₹10,095 per barrel today.
The rise comes amid renewed fears of a potential escalation in the ongoing conflict between the US and Iran, which has been disrupting Middle East oil supplies.
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